SpartanNash Co (NASDAQ:SPTN) had declared a cash dividend of $0.1500 on Jun 6, 2016. The shares will quote ex-dividend on Jun 14, 2016 and the record date has been fixed on Jun 16, 2016. At Jun 6, 2016 share price, the yield comes out to be 2.0360%. The dividend payable date has been fixed on Jun 30, 2016.
In a different note, On Apr 1, 2016, Pivotal Research said it Downgrades its rating on SpartanNash Co. The shares have been rated ‘Hold’ by the firm.
SpartanNash Co (SPTN) shares turned negative on Fridays trading session with the shares closing down -0.51 points or -1.72% at a volume of 1,18,814. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $29.66. The peak price level was also seen at $29.66 while the days lowest was $29. Finally the shares closed at $29.11. The 52-week high of the shares is $33.89 while the 52-week low is $17.66. According to the latest information available, the market cap of the company is $1,091 M.
SpartanNash Co(SPTN) last announced its earnings results on May 25, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $2.28B. Analysts had an estimated revenue of $2.28B. Earnings per share were $0.54. Analysts had estimated an EPS of $0.49.
Several Insider Transactions has been reported to the SEC. On Mar 30, 2016, Edward L Brunot (Exec. V. P. and Pres. of MDV) sold 2,722 shares at $28.58 per share price.Also, On Mar 23, 2016, Lawrence R Pierce (EVP Merch. and Marketing) sold 2,453 shares at $28.75 per share price.On Mar 23, 2016, David M Staples (EVP and COO, Int. CFO) sold 3,441 shares at $29.31 per share price, according to the Form-4 filing with the securities and exchange commission.
Spartannash Company formerly Spartan Stores Inc. is a multi-regional grocery distributor and grocery retailer. The Company’s core businesses include distributing food to military commissaries and exchanges and independent and corporate-owned retail stores located in 42 states and the District of Columbia Europe Cuba Puerto Rico Bahrain Egypt Honduras Afghanistan and Bosnia. The Company operates through three segments: Military which sells and distributes grocery products to military commissaries and exchanges in the United States and overseas; Food Distribution which uses a multi-platform sales approach to distribute groceries to independent and corporate owned grocery retailers and Retail which operates retail supermarkets.